The recent surge in Stellar’s price has captured significant market attention, especially as key technical indicators on the daily chart come into focus. The 50-day moving average has touched the 200-day moving average, raising anticipation about whether these levels will cross in an upward “golden cross” in the coming days. Market participants are closely monitoring this potential development for clues about XLM’s next direction.
Golden cross threshold draws focus
In technical analysis, when the 50-day moving average rises above the 200-day, it signals what’s known as a “golden cross”—typically seen as a sign of strengthening momentum. Conversely, a movement in the opposite direction indicates a “death cross,” signaling potential weakness. Currently, the upward trend in the 50-day average has the market watching closely for confirmation of a golden cross, which could point to further gains for XLM.
Mini glossary: A golden cross occurs when the short-term moving average crosses above the long-term average, often associated with a strengthening trend. The death cross is the opposite, signaling potential weakness.
XLM has climbed 47.3% in the last 30 days. If this sought-after technical signal emerges, it would mark the first major golden cross for Stellar since early 2026. The last similar setup occurred in July 2025 when XLM soared to $0.52, followed by the golden cross. However, in the weeks afterward, the price subsequently corrected lower.
The approach of the 50- and 200-day moving averages on the daily chart has become a defining factor for XLM’s technical outlook, and the market is now assessing whether this signal will bolster the ongoing rally.
$0.30 comes back into play for price action
There are clear similarities with last year’s pattern. XLM saw a sharp ascent to $0.297 near the end of May, followed by a mild pullback. This has prompted discussion over whether a possible golden cross will ignite a new surge or if profit-taking will keep prices in check in the short term.
Analysts are also watching to see if XLM can maintain levels above the daily 50- and 200-day moving averages. Sustaining these thresholds is viewed as vital for extending the upward trend. Should this scenario play out, another test of the $0.30 mark could remain on the table.
Binance listings and July protocol upgrade
Meanwhile, Binance is preparing to launch two new trading pairs for Stellar on its spot trading platform. According to Binance’s statement, XLM/U and XLM/USD1 pairs will go live on July 23 at 08:00 UTC. The exchange noted this move will expand trading options for users. Spot Algo Orders trading bots will also be enabled for these pairs at the same time.
Stellar’s blockchain is also gearing up for a significant technical upgrade in July. The so-called Protocol 27 update, also known as “Zipper,” is set to introduce innovations such as delegated authentication for private accounts and address-linked Soroban identity management. The mainnet vote for this upgrade is slated for July 8, 2026. The deployment will follow trials on the test network.
Stellar is recognized as an open-source blockchain network focused on cross-border payments. Its native asset, XLM, is used both for transaction fees and value transfers within the Stellar ecosystem.
